You are here

Bargaining in Committees

Authors:

Eyal Winter

Abstract:

We propose a non-cooperative treatment to the problem of collective decision making within committees, by modelling this process as a sequential bargaining game. We show that stationary subgame perfect equilibria of this bargaining game fully implements the core of the corresponding committee problem. We also discuss the inefficiency of non-stationary (subgame perfect) equilibria, and shortly refer to the problem of manipulability. Based on these results we then consider multi-issue committees, and address the problem of constructing agendas. In particular we will argue in favor of agendas where the important issues are discussed first.

Date:

December, 1992

Published in:

Published as &quot;Negotiations in Multi-issue Committees&quot;, Journal of Public Economics 65 (1997), 323-342